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Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Marsham Close, Newcastle Upon Tyne is a modern leasehold house with 312 ft2 of internal area.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Marsham Close, Newcastle Upon Tyne is £79,901 and the estimated rental value is £554 per month.
Marsham Close, Newcastle Upon Tyne, NE15 is located in the borough of Newcastle upon Tyne within the NE15 postal district.
2, Marsham Close, Newcastle Upon Tyne has 51 entries in the Land Registry , most recently in June 2020 and a single entry in the EPC database dated April 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Marsham Close, Newcastle Upon Tyne is in very good condition we estimate a sale value of £83,896 and a rental value of £581 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £74,308 and a rental value of £515 per month.
Over the last 12 months the sale value of 2 Marsham Close Newcastle Upon Tyne has increased by an estimated £1,254 (1.6%) and its rental value has increased by an estimated £24 per month (4.4%), giving an expected gross yield of 8.3%.
2, Marsham Close, Newcastle Upon Tyne has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Apr 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 2, Marsham Close, Newcastle Upon Tyne was last sold on 19th June 2020 for £79,500 and was recorded as a leasehold house.
The property has had 5 sales since 1995.
Since June 2020, the market for similar properties has risen 21.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Marsham Close, Newcastle Upon Tyne within a radius of 610 metres over the last 2 years.
The most recent example is 29, Marsham Close, Newcastle Upon Tyne, NE15 7QL, a leasehold house which sold for £72,500 on the 29th October 2021.
Read more about house prices in NE15.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Marsham Close, Newcastle Upon Tyne, NE15 has a total of 33 addresses. According to our analysis of all the public data, 2, Marsham Close, Newcastle Upon Tyne is the 30th largest and the 30th most expensive property on the street.
When compared to the postcode district it is £91k less expensive than the average property in NE15.
The closest station to 2, Marsham Close, Newcastle Upon Tyne is Blaydon station which is 1.6 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Marsham Close, Newcastle Upon Tyne, 43.6% of property is privately owned with a mortgage and 39.3% is privately owned outright.
The graph below shows how this compares to North East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Marsham Close, Newcastle Upon Tyne, 14.5% of residents are recorded as possessing school level qualifications and 30.1% as possessing degree level qualifications.
The graph below shows how this compares to North East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Marsham Close, Newcastle Upon Tyne, the average age was 41.4 and the most common age was 57.
The graph below shows how this compares to North East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Marsham Close, Newcastle Upon Tyne, 0.4% of property was a second home.
Comparison figures for North East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Marsham Close, Newcastle Upon Tyne, there are an average of 1.3 cars per household.
See below for how this compares to North East and the rest of England & Wales.
